For the year ending 2025-12-31, ITW has $16,148M in assets. $851M in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and equivalents | 851 | 948 | 1,065 | 708 |
| Trade receivables | 3,227 | 2,991 | 3,123 | 3,171 |
| Inventories | 1,659 | 1,605 | 1,707 | 2,054 |
| Prepaid expenses and other current assets | 463 | 312 | 340 | 329 |
| Assets held for sale | - | - | 0 | 8 |
| Total current assets | 6,200 | 5,856 | 6,235 | 6,270 |
| Net plant and equipment | 2,230 | 2,036 | 1,976 | 1,848 |
| Goodwill | 5,098 | 4,839 | 4,909 | 4,864 |
| Net | 344 | - | - | - |
| Indefinite-lived intangible assets-Trademarks | 247 | - | - | - |
| Intangible assets | 591 | 592 | 657 | 768 |
| Deferred income taxes | 519 | 369 | 479 | 494 |
| Other assets | 1,510 | 1,375 | 1,262 | 1,178 |
| Total assets | 16,148 | 15,067 | 15,518 | 15,422 |
| Short-term debt | 2,286 | 1,555 | 1,825 | 1,590 |
| Accounts payable | 522 | 519 | 581 | 594 |
| Compensation and employee benefits | 448 | 407 | 423 | 451 |
| Deferred revenue and customer deposits | 340 | 360 | 395 | 427 |
| Rebates | 208 | 200 | 218 | 225 |
| Current portion of operating lease liabilities | 62 | 57 | 58 | 55 |
| Warranties | 57 | 52 | 48 | 42 |
| Current portion of pension and other postretirement benefit obligations | 15 | 14 | 32 | 15 |
| Other | 506 | 486 | 489 | 513 |
| Accrued expenses | 1,636 | 1,576 | 1,663 | 1,728 |
| Cash dividends payable | 465 | 441 | 419 | 400 |
| Income taxes payable | 217 | 217 | 187 | 147 |
| Liabilities held for sale | - | - | 0 | 1 |
| Total current liabilities | 5,126 | 4,308 | 4,675 | 4,460 |
| Long-term debt | 6,683 | 6,308 | 6,339 | 6,173 |
| Deferred income taxes | 154 | 119 | 326 | 484 |
| Noncurrent income taxes payable | - | 0 | 151 | 273 |
| Other liabilities | 959 | 1,015 | 1,014 | 943 |
| Total noncurrent liabilities | 7,796 | 7,442 | 7,830 | 7,873 |
| Common stock (authorized- 700.0 shares par value of 0.01 per share) issued- 550.0 shares in 2025 and 2024 outstanding- 288.6 shares in 2025 and 294.0 shares in 2024 | 6 | 6 | 6 | 6 |
| Additional paid-in-capital | 1,771 | 1,669 | 1,588 | 1,501 |
| Retained earnings | 30,150 | 28,893 | 27,122 | 25,799 |
| Common stock held in treasury | 26,875 | 25,375 | 23,870 | 22,377 |
| Accumulated other comprehensive income (loss) | -1,827 | -1,877 | -1,834 | -1,841 |
| Noncontrolling interest | 1 | 1 | 1 | 1 |
| Total stockholders' equity | 3,226 | 3,317 | 3,013 | 3,089 |
| Total liabilities and stockholders' equity | 16,148 | 15,067 | 15,518 | 15,422 |
ILLINOIS TOOL WORKS INC (ITW)
ILLINOIS TOOL WORKS INC (ITW)